I was under HN influence when I started my solo product. I had designed it as bootstrapped: There is an opportunity, I fulfill it, then I don't go after the x1000 scaling. It worked at the end of year 1, and we're 2.5 years later, and I'm happy, not millionaire, but I have my own work schedule.
There are several kinds of startups. The article mentions huge ones. Or you can start a consultancy, very classic business, low risk. Or you can bootstrap[1]. Use the one that fits your profile.
Other than that, I approve the cautionary tale of the article.
There are several kinds of startups. The article mentions huge ones. Or you can start a consultancy, very classic business, low risk. Or you can bootstrap[1]. Use the one that fits your profile.
Other than that, I approve the cautionary tale of the article.
[1] http://37signals.com/bootstrapped